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7 Thomas Street
Kingsgrove, NSW 2208
Auction
Overview
Great Buy | Development Potential
Located at 7 Thomas Street, Kingsgrove NSW 2208, this property offers a prime 700 square meter land parcel in the heart of Kingsgrove, presenting an exceptional opportunity for investors or developers. Zoned R3, the site is situated in a quiet area within the Kingsgrove CBD, providing significant potential for future development or subdivision, subject to council approval. Possible developments include duplexes, childcare centres, boarding houses, and group homes.
The existing residence is a solid three-bedroom double brick home, providing immediate rental income potential estimated at approximately $700 per week. This allows owners to generate income while planning and securing necessary approvals for redevelopment.
- Main residence is a three-bedroom double brick property.
- Excellent land holding opportunity in a highly sought-after local precinct.
- Convenient walking distance to bus stops, train station, schools, parks, and shops.
- Easy access to Brighton Le Sands Beach, Hurstville CBD, M8 motorway, City Route, and St George Hospital.
This property represents a rare chance to secure a substantial landholding in a prime location with versatile development options. It is ideal for savvy buyers looking to capitalize on the growth and development potential in Kingsgrove.
Disclaimer: All information provided is sourced from property owners or third parties believed to be reliable. While every effort has been made to ensure accuracy, no guarantee is given. Prospective buyers should rely on their own enquiries.
Location
Kingsgrove NSW 2208
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